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EU and EBRD launch a $30.5 million financing facility in Côte d’Ivoire
Africa business

EU, EBRD roll out $30.5 million facility to support SMEs in Côte d’Ivoire 

EU and EBRD launch a $30.5 million financing facility to boost SME access to credit in Côte d’Ivoire, supporting jobs and economic growth.

Timilehin Adejumobi Timilehin Adejumobi
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Manu Chandaria Comcraft empire
Kenyan Industrialists

Meet Manu Chandaria: Kenyan industrialist behind billion-dollar group, Comcraft

Kenyan industrialist Manu Chandaria turns Comcraft into a billion-dollar group, preparing listings to unlock growth across Africa and Asia.

Feyisayo Ajayi Feyisayo Ajayi
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Africa richest billionaires 2026
Africa richest billionaires 2026

Africa’s top five billionaires worth more than $10 billion

Africa’s $10 billion titans, five richest men, surpassing $90 billion in combined wealth, shaping industries, driving growth and influencing global markets.

Feyisayo Ajayi Feyisayo Ajayi
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Standard Bank share awards
African banking compensation strategy

Standard Bank’s Sim Tshabalala, top brass, unlock over $9 million in share awards

Standard Bank executives unlock $9.4 million in share awards as performance-linked incentives vest under long-term compensation plans.

Feyisayo Ajayi Feyisayo Ajayi
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Kenya’s largest fast-food chain, Java House, linked to Aliko Dangote, expands its presence with new outlets across East Africa.
Aliko Dangote

Kenya’s largest fast-food chain linked to Aliko Dangote grows to 105 outlets

Java House, linked to Aliko Dangote, grows to 105 outlets in East Africa, reflecting urban expansion and rising demand for casual dining.

Omokolade Ajayi Omokolade Ajayi
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ER Group East Africa expansion
ER Group East Africa expansion

Mauritian group ER Group sets up Nairobi office, launches $21 million East Africa fund

ER Group opens Nairobi office, launches $21.3 million fund to accelerate East Africa expansion and boost international revenue growth.

Feyisayo Ajayi Feyisayo Ajayi
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Elon Musk

SpaceX IPO pushes Elon Musk closer to $1 trillion net worth

SpaceX files for IPO, potentially raising $75 billion and moving Elon Musk closer to a $1 trillion net worth.

Omokolade Ajayi Omokolade Ajayi
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BUA Cement tax 2025
BUA Cement tax 2025

Nigeria’s BUA Cement pays $79 million in taxes in 2025

BUA Cement pays $79 million in 2025 taxes as profit jumps 382%, driven by revenue growth, cost discipline, and reduced FX losses.

Feyisayo Ajayi Feyisayo Ajayi
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MTN Nigeria stock analysis
Featured

MTN Nigeria’s rally draws valuation concerns as recovery trade peaks

MTN Nigeria rebounds from historic loss, posting record 2025 profit, raising questions on late-cycle valuations.

Feyisayo Ajayi Feyisayo Ajayi
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